Press Release

Vietnam Pesticides Market to Grow with a CAGR of 4.38% through 2028

Increasing digitalization and precision agriculture is expected to drive the Vietnam Pesticides Market growth in the forecast period, 2026-2030.

According to TechSci Research report, “Vietnam Pesticides Market –– By Region, Competition, Forecast and Opportunities, 2030F”, the Vietnam Pesticides Market stood at USD 1.78 Billion in 2024 and is expected to reach USD 1.96 Billion by 2030 with a CAGR of 4.61% during the forecast period.

One of the most significant trends shaping the Vietnam pesticides market is the increasing shift toward biopesticides and eco-friendly pest control solutions. As global and domestic regulatory bodies tighten restrictions on synthetic chemical pesticides, Vietnamese farmers and agribusinesses are seeking safer, sustainable alternatives. The government has been actively promoting organic farming and encouraging the reduction of chemical pesticide use to minimize environmental damage and health risks. This shift is driven by growing consumer awareness regarding food safety, along with rising demand for organic and residue-free agricultural products, both domestically and in export markets.

Biopesticides, derived from natural sources such as bacteria, fungi, and plant extracts, are gaining traction due to their lower toxicity, targeted pest control, and reduced impact on non-target organisms. Companies in the Vietnam pesticides market are increasingly investing in research and development to introduce innovative bio-based solutions that comply with regulatory standards. Additionally, integrated pest management (IPM) strategies, which combine biological control methods with responsible pesticide usage, are being promoted as part of sustainable agriculture initiatives. This trend presents opportunities for biopesticide manufacturers to expand their market presence, although challenges such as limited farmer awareness and higher production costs remain barriers to widespread adoption.

Vietnam has traditionally relied on imports for a significant portion of its pesticide supply, particularly from China, which has made the market vulnerable to supply chain disruptions and price volatility. However, there is a growing trend toward increasing domestic pesticide production to reduce dependency on foreign imports and strengthen national agricultural security. Vietnamese pesticide manufacturers are investing in local production facilities, focusing on formulating high-quality products tailored to the country’s agricultural needs. Government policies aimed at supporting domestic industries, such as tax incentives and subsidies for local manufacturers, are further driving this trend. Additionally, collaborations between Vietnamese agrochemical firms and international companies are leading to the development of innovative pesticide formulations that meet local regulatory standards while ensuring cost-effectiveness.

This shift toward local production also aligns with Vietnam’s broader economic strategy of promoting self-sufficiency in key agricultural inputs. However, challenges such as limited access to raw materials, stringent regulatory requirements, and competition from well-established multinational pesticide companies must be addressed to ensure sustainable growth in domestic pesticide manufacturing.

 

 

Browse over XX market data Figures spread through XX Pages and an in-depth TOC on "Vietnam Pesticides Market

The Vietnam Pesticides Market is segmented into Type, Crop Type, regional distribution, and company.

Based on its Crop Type, Fruits & vegetables represent the second-largest segment in the Vietnam pesticides market, driven by the country's expanding horticulture industry and increasing export demand. Vietnam is a major producer of high-value fruits such as dragon fruit, mango, lychee, and citrus, as well as vegetables like tomatoes, peppers, and leafy greens. These crops are highly susceptible to pests, fungal infections, and bacterial diseases, necessitating the extensive use of insecticides, fungicides, and bio-control agents. The high perishability of fruits and vegetables requires effective pest management to maintain quality and extend shelf life, particularly for export markets such as China, the United States, and Europe. Strict international residue regulations further push Vietnamese farmers to adopt advanced pesticide formulations that ensure compliance while protecting yields. Additionally, greenhouse and hydroponic farming methods, which are gaining traction in Vietnam, demand precise pesticide applications to prevent contamination and optimize growth conditions. 

Government initiatives promoting fruit and vegetable production, along with shifting consumer preferences toward diversified diets, have further fueled pesticide demand in this segment. While there is a growing emphasis on organic farming and biological pest control solutions, chemical pesticides remain a key component in managing crop health. The increasing adoption of specialty pesticides, coupled with Vietnam’s rising fruit and vegetable exports, solidifies this segment’s position as the second-dominating crop type in the Vietnam pesticides market.

 

Based on region, Southern Vietnam holds the second-largest share in the Vietnam pesticides market, following the Central region. This dominance is primarily attributed to the region’s vast agricultural landscape, particularly the Mekong Delta, which serves as Vietnam’s primary hub for rice, fruits, and vegetable production. The high agricultural output, combined with the prevalence of pests and diseases due to the region’s tropical climate, drives substantial pesticide usage. The Mekong Delta is particularly significant in fruit and vegetable cultivation, producing large quantities of mangoes, dragon fruit, durian, and citrus fruits for both domestic consumption and export. These high-value crops require effective pest and disease control to meet stringent international quality standards, leading to increased demand for insecticides, fungicides, and biological pest control solutions. Additionally, the region’s year-round warm and humid conditions create an environment conducive to fungal infections and pest infestations, further necessitating pesticide application.

Southern Vietnam is witnessing growing adoption of modern farming techniques, including precision agriculture and integrated pest management (IPM), which are influencing pesticide consumption patterns. Government support for sustainable agriculture and investments in pesticide manufacturing facilities in the region also contribute to market growth.

 

Major companies operating in the Vietnam Pesticides Market are:

  • Pesticides Joint Stock Company Vietnam (VIPESCO)
  • Baconco Vietnam Co., Ltd.
  • Isagro Vietnam Co., Ltd.
  • BASF Vietnam Co., Ltd.
  • UPL Vietnam Co., Ltd.

 

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“Growing concerns over pesticide resistance and the negative effects of broad-spectrum chemicals, farmers are looking for more specific and efficient solutions to address pest infestations.Specialty pesticides, including insect growth regulators (IGRs), seed treatment solutions, and pheromone-based products, are gaining popularity due to their precision and lower toxicity. These products are particularly beneficial for high-value crops such as coffee, rice, and fruits, which require tailored pest management strategies to maintain yield quality. The shift toward greenhouse and hydroponic farming in Vietnam is also contributing to the demand for targeted pesticide solutions. These modern farming methods require precise pest control measures to prevent contamination while maintaining optimal growing conditions. Multinational agrochemical companies and domestic firms are investing in research to develop advanced formulations that cater to these evolving agricultural practices. While the adoption of specialty pesticides is growing, their higher costs compared to conventional pesticides remain a challenge for widespread use, particularly among small-scale farmers. However, as education and awareness about their long-term benefits increase, the demand for targeted pesticide solutions is expected to rise, driving innovation and diversification within the Vietnam pesticides market.,” said Mr. Karan Chechi, Research Director, TechSci Research, a research-based management consulting firm.

 

Vietnam Pesticides Market By Type (Herbicides, Insecticides, Fungicides, Others), By Crop Type (Oilseeds & Pulses, Grains & Cereals, Fruits & Vegetables, Others), By Region, By Competition, Forecast & Opportunities, 2020-2030F”, has evaluated the future growth potential of Vietnam Pesticides Market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision-makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Vietnam Pesticides Market.

 

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